SHE:002349 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	848.82	854.92	1,014	921.76	933.27	651.59
Trading Asset Securities	395.67	434.74	105.16	317.7	124.95	213.36
Cash & Short-Term Investments	1,244	1,290	1,119	1,239	1,058	864.95
Cash Growth	5.16%	15.28%	-9.74%	17.13%	22.35%	24.26%
Accounts Receivable	458.09	417.83	414.58	387.67	339.16	355.87
Other Receivables	1.41	1.68	2.68	0.68	2.7	17.19
Receivables	459.5	419.5	417.26	388.35	341.86	373.06
Inventory	275.07	277.32	270.35	290.94	307.65	323.12
Other Current Assets	45.28	40.61	37.95	67.06	21.31	33.93
Total Current Assets	2,024	2,027	1,844	1,986	1,729	1,595
Property, Plant & Equipment	555.35	565.16	616.38	663.36	708.42	1,169
Long-Term Investments	-	497.65	356.99	40.02	46.97	20.99
Goodwill	167.94	167.94	167.94	167.94	167.94	167.94
Other Intangible Assets	58.16	58.68	60.52	62.53	65.06	123.24
Long-Term Deferred Tax Assets	7.05	6.98	5.98	6.22	12.59	14.88
Long-Term Deferred Charges	-	-	-	-	-	37.92
Other Long-Term Assets	816.73	246.84	249.67	259.13	267.89	25.01
Total Assets	3,630	3,570	3,302	3,185	3,042	3,198
Accounts Payable	139.88	155.4	148.44	141.94	139.61	213.06
Accrued Expenses	50.22	133.43	115.71	123.65	140.77	107.69
Short-Term Debt	3.15	1.68	10.43	20.92	21.03	68.78
Current Portion of Long-Term Debt	-	-	-	-	-	120.16
Current Portion of Leases	-	0.42	0.75	1.18	0.68	1.77
Current Income Taxes Payable	28.54	6.74	11.16	13.6	12.04	7.95
Current Unearned Revenue	13.17	12.22	11.44	13.6	45.1	30.43
Other Current Liabilities	130.21	84.9	27.65	46.62	35.41	53.39
Total Current Liabilities	365.17	394.79	325.58	361.51	394.63	603.24
Long-Term Leases	2.17	1.68	0.2	0.43	0.91	3.88
Long-Term Unearned Revenue	12.67	12.96	11.73	10.84	10.65	9.5
Long-Term Deferred Tax Liabilities	9.94	9.48	7.15	7.96	12.02	11.93
Other Long-Term Liabilities	2.31	2.23	-	-	-	-
Total Liabilities	392.26	421.13	344.66	380.75	418.22	628.54
Common Stock	829.67	829.67	814.18	814.18	814.18	835.72
Additional Paid-In Capital	828.43	823.47	769	769	905.92	1,017
Retained Earnings	1,215	1,149	995.01	860.5	677.94	514.59
Treasury Stock	-55.49	-55.49	-	-	-	-132.2
Comprehensive Income & Other	6.79	5.9	5.3	0.91	2.89	1.14
Total Common Equity	2,824	2,753	2,583	2,445	2,401	2,236
Minority Interest	412.87	396.5	373.63	359.67	222.77	333.72
Shareholders' Equity	3,237	3,149	2,957	2,804	2,624	2,570
Total Liabilities & Equity	3,630	3,570	3,302	3,185	3,042	3,198
Total Debt	5.32	3.77	11.38	22.54	22.62	194.59
Net Cash (Debt)	1,239	1,286	1,107	1,217	1,036	670.36
Net Cash Growth	5.66%	16.12%	-9.00%	17.51%	54.48%	34.21%
Net Cash Per Share	1.51	1.57	1.36	1.49	1.27	0.82
Filing Date Shares Outstanding	814.25	827.42	814.18	814.18	814.18	814.18
Total Common Shares Outstanding	814.25	827.42	814.18	814.18	814.18	814.18
Working Capital	1,659	1,632	1,519	1,624	1,334	991.83
Book Value Per Share	3.47	3.33	3.17	3.00	2.95	2.75
Tangible Book Value	2,598	2,526	2,355	2,214	2,168	1,945
Tangible Book Value Per Share	3.19	3.05	2.89	2.72	2.66	2.39
Buildings	-	577.17	575	570.97	567.6	949.94
Machinery	-	668.15	638.6	618.06	619.1	695.42
Construction In Progress	-	27.07	53.57	69.42	61.51	59.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.